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Intercontinental Gold And Metals (TSXV:ICAU.H) Total Assets : C$2.94 Mil (As of Sep. 2021)


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What is Intercontinental Gold And Metals Total Assets?

Intercontinental Gold And Metals's Total Assets for the quarter that ended in Sep. 2021 was C$2.94 Mil.

Total Assets is connected with ROA %. Intercontinental Gold And Metals's annualized ROA % for the quarter that ended in Sep. 2021 was -49.02%. Total Assets is also linked to Revenue through Asset Turnover. Intercontinental Gold And Metals's Asset Turnover for the quarter that ended in Sep. 2021 was 0.74.


Intercontinental Gold And Metals Total Assets Historical Data

The historical data trend for Intercontinental Gold And Metals's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intercontinental Gold And Metals Total Assets Chart

Intercontinental Gold And Metals Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 4.67 7.85 2.75

Intercontinental Gold And Metals Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.04 2.75 2.83 2.39 2.94

Intercontinental Gold And Metals Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Intercontinental Gold And Metals's Total Assets for the fiscal year that ended in Dec. 2020 is calculated as

Total Assets=Total Equity (A: Dec. 2020 )+Total Liabilities (A: Dec. 2020 )
=-4.364+7.117
=2.75

Intercontinental Gold And Metals's Total Assets for the quarter that ended in Sep. 2021 is calculated as

Total Assets=Total Equity (Q: Sep. 2021 )+Total Liabilities (Q: Sep. 2021 )
=-4.88+7.824
=2.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Intercontinental Gold And Metals  (TSXV:ICAU.H) Total Assets Explanation

Total Assets is connected with ROA %.

Intercontinental Gold And Metals's annualized ROA % for the quarter that ended in Sep. 2021 is

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=-1.308/( (2.393+2.944)/ 2 )
=-1.308/2.6685
=-49.02 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Intercontinental Gold And Metals's Asset Turnover for the quarter that ended in Sep. 2021 is

Asset Turnover
=Revenue (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=1.977/( (2.393+2.944)/ 2 )
=1.977/2.6685
=0.74

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Intercontinental Gold And Metals Total Assets Related Terms

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Intercontinental Gold And Metals (TSXV:ICAU.H) Business Description

Traded in Other Exchanges
N/A
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Intercontinental Gold And Metals Ltd is a Canada-based company. It is engaged in the business of acquiring, exploring and evaluating assets with a focus on the Gold business. The company geographical segments include Canada and Bolivia.

Intercontinental Gold And Metals (TSXV:ICAU.H) Headlines

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